Global Polyurethane Market to cross US$77 bln by 2023

Polyurethane (PU) Market size is expected to reach US$77.27 bln by 2023; according to a research report published by Global Market Insights, Inc. Increasing energy conservation ...

TCG led by Purnendu Chatterjee inks agreement to acquire 90% stake in Mitsubishi's India PTA business

 The Chatterjee Group (TCG) led by New York-based investor Purnendu Chatterjee signed an agreement to acquire a 90% stake in Mitsubishi Chemical Corp.’s Indian subsidiary, M...

Polyethylene from Mexico's Braskem-Idesa begins to establish a trade flow into Africa

Polyethylene product from Mexico's Braskem-Idesa begins to establish a trade flow into Africa, as per sources in Platts. Braskem-Idesa, a joint venture between Brazil's Braskem...

ELIX Polymers launches ABS 3D printing R&D project in collaboration with AIMPLAS

A new “ABS 3D printing” R&D project inititated by specialty ABS producer ELIX Polymers aims to develop advanced versions of the terpolymer specifically for 3D printing ...

Premiums for naphtha lifting from Dahej and New Mangalore flip to discounts first time in over 4 years

India's naphtha premiums for naphtha lifting from Dahej and New Mangalore flip into discounts for the first time in over four years, as per Reuters. IOC has sold up to 25,00...

Texas A&M AgriLife Research receives grant for Lignin-based Plastics Production

The U.S. Department of Energy has granted US$2.5 mln for a Texas A&M AgriLife Research study to find ways to use biorefinery waste to make new, marketable products. Dr. Joshua Yuan...

YNCC buys H1-Sept naphtha at steep discount of US$10/ton

South Korean petrochemical producer YNCC has bought around 50,000 tons of naphtha for delivery in the first half of Sept at discounts of about US$10/ton to Japan quotes on a cost-and-f...

Recycled Plastics Market to grow at steady CAGR of over 4% uptil 2020

The global recycled plastics market will grow at a steady CAGR of more than 4% uptil 2020, as per a report by Technavio. The growing demand for plastics from various industries includi...

US energy data showed an unexpected glut of oil in storage-oil prices plummet

US crude oil stocks rose by 1.7 mln barrels to 521.1 mln barrels last week, according to the US Energy Information Administration. This is in sharp contrast to the analyst expectations...

BPE confirms sum of US$300 mln realised from sale of Eleme Petrochemical Company Ltd in 2006

Bureau of Public Enterprises (BPE) has confirmed that the sum of $300 million was realised from the sales of Eleme Petrochemical Company Limited (EPCL) in 2006, as per businessdayonlin...

Global Bio-based PP to grow considerably by 2020 amid increasing application in textiles, injections, films

Global bio-based polypropylene (PP) market is expected to witness considerable growth over the next six years uptil 2020 on account of increasing application in Textiles, injectio...

Global plastic decking market projected to register CAGR of 10.8%

The global plastic decking market is projected to grow at a CAGR of 10.82% during the forecast period of 2016 – 2021 and reach US$4.69 bln by 2021, as per RnR Market Research, dr...

Chevron Phillips completes next-generation Polyethylene Pilot Plant at Bartlesville Center

28-Jul-16

Mitsubishi Chem to divest Chinese and Indian businesses manufacturing PTA

Mitsubishi Chemical Holdings' has decided to divest Chinese and Indian businesses that make purified terephtalic acid (PTA), a feedstock to PET. These operations of ...

Naphtha glut in Asia to persist on higher Middle Eastern and Indian exports

Asia will receive about 900,000 tons of naphtha in August from the West, including from Europe and the Mediterranean, as per traders in Reuters. The quantity remains unchanged from Jul...

New-concept vacuum loading system shorter, simpler to operate and maintain

A new vacuum loading system for conveying pellets and regrind from storage to single or multiple blenders is simpler to operate than standard systems and consists of autonomously contr...

Lotte Chemical buys naphtha for H1-September delivery at discounts

South Korea's Lotte Chemical Corp has bought naphtha for H1-September delivery at discounts of US$8.50-9/ton to Japan quotes on a cost-and-freight (C&F) basis, as per Reuters. ...

Vietnam's Binh Dinh province calls off US$20 bln refinery and petrochemicals plant with Thai PTT

As delays in the progress of construction of the project persists, Vietnam's Binh Dinh province has scrapped a US$20 billion refinery and petrochemicals plant with Thai oil company...

New polymer coatings for food-contact surfaces resist microbes

Polylactic acid (PLA), is a biodegradable polymer commonly used to make a variety of products from disposable cups to medical implants to drug delivery systems. A team of Brown Univers...

Global demand for Mulch Films driven by the loss of arable land, increasing population and demand for food

Mulch films are plastic coverings for plants utilized to retain the moisture in the soil. Since loss of soil moisture through evaporation can be a significant issue in dry areas, the d...